Why Are More And More People In Hyderabad Choosing To Become LIC Agents?
Are you a citizen of Hyderabad? Do you want to lead a high standard of living in this metropolitan city? Would you like to lead a life full of freedom and flexibility? Yes? Then, being an agent in LIC (Life Insurance Corporation of India) can cater to your dreams, goals, requirements, and expectations.
Starting a successful LIC agency enables you to lead a life of comfort and convenience. You can become your own boss, set your earning boundaries, choose your clients, and work at your own pace to lead your dream life.
Achieving and maintaining the lifestyle of your dreams in a metropolitan city is no cakewalk in today’s competitive world. Fortunately, you can start a part-time or full-time income by being an agent in the Life Insurance Corporation of India and give your near and dear ones the life they deserve.
That is why more and more people nowadays are choosing to become LIC agents throughout the country, including Hyderabad. Now, it is your time to turn your life around with your dedication, patience, and smart strategies.
How Can Being an LIC Agent Transform Your Life?
Let us check out some striking ways through which being an LIC agent can transform your life:
Achieve Amazing Commission on Sales
You can expect to earn a high commission by selling LIC policies to your clients. You would be paid 35% of the premium amount in the first year for every policy you sell. This is not the end! You’d keep receiving 7.5% of the premium amount in the second and third years respectively (after selling the policy). Next, you’d keep receiving 5% of the premium amount as long as the policy tenure lasts.
Receive Exciting Hereditary Income
If an LIC agent has already worked for two or more years and passed away while their agency was still active, then their nominee or heirs would receive a renewal commission. Nonetheless, the worth of the late agent’s LIC agency must be at least Rs. 1 lakh at the time of their death. Thus, the Life Insurance Corporation of India takes care of the family of the company’s agents.
The Convenience of Creating Your Own Pension
The renewal commission starts growing as you keep working as a LIC agent for many years. As a result, you are creating your own pension for the following 20 to 25 years. Moreover, you can keep working in this profession for as long as you want. In other words, there is no earning limit or age for LIC agents. The sky is your only limit.